Number of newly-registered businesses down 18.3% in February
Vietnam saw 8,841 new enterprises registering a combined capital of 65.6 trillion VND (2.76 billion USD) and nearly 51,100 labourers in February, according to the General Statistics Office.
A woman conducts procedures at a business registration unit. (Photo: VNA)
Hanoi (VNA) – Vietnam saw 8,841 new enterprises registering a combinedcapital of 65.6 trillion VND (2.76 billion USD) and nearly 51,100 labourers inFebruary, according to the General Statistics Office.
The figures represent month-on-month decreases of 18.5% inthe number of enterprises, 33.8% in capital, and 25.6% in the number ofemployees; and a year-on-year rise of 21.4% in the number of enterprises; andy-o-y decreases of 23.1% in capital, and 29.6% in the number of labourers.
Therefore, in the first two months of this year, 19,700businesses with a combined registered capital of 164.7 trillion VND and 119,600labourers were set up across the country. The figures represented y-o-ydecreases of 3%, 40.7% and 20.1%, respectively.
In addition, 3,927 firms resumed operations in the month,down 73.8% m-o-m, and 3.5% y-o-y, bringing the total number in the first twomonths to 18,200, down 18.6% y-o-y.
On the opposite side, during January-February, 38,800businesses temporarily ceased operations, a y-o-y rise of 18.5%, while 9,400were in the dissolution process, up 5.8%, and 3,200 completed dissolutionprocedures, down 1.6%./.
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A woman conducts procedures at a business registration unit. (Photo: VNA) 
